FY2025 EPS Estimates for TMX Group Increased by Analyst

TMX Group Limited (TSE:X) – Stock analysts at National Bank Financial lifted their FY2025 earnings per share estimates for shares of TMX Group in a research note issued on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now forecasts that the company will post earnings of $1.83 per share for the year, up from their previous estimate of $1.82. The consensus estimate for TMX Group’s current full-year earnings is $1.77 per share.

Several other research firms have also issued reports on X. Barclays upped their target price on TMX Group from C$40.00 to C$42.00 in a report on Friday, August 2nd. Royal Bank of Canada upped their price objective on TMX Group from C$44.00 to C$46.00 and gave the company an “outperform” rating in a research note on Thursday, August 1st. TD Securities lifted their target price on TMX Group from C$42.00 to C$43.00 and gave the stock a “hold” rating in a research note on Monday. National Bankshares boosted their price target on shares of TMX Group from C$43.00 to C$44.00 and gave the stock a “sector perform” rating in a report on Wednesday. Finally, Scotiabank raised their price objective on shares of TMX Group from C$39.00 to C$43.50 in a report on Wednesday, July 24th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of C$44.31.

TMX Group Stock Down 0.9 %

Shares of TSE:X opened at C$43.49 on Thursday. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 51.71. The stock has a market cap of C$12.07 billion, a price-to-earnings ratio of 29.59, a PEG ratio of 12.65 and a beta of 0.43. The business’s 50 day moving average is C$43.01 and its 200 day moving average is C$40.00. TMX Group has a 12-month low of C$28.52 and a 12-month high of C$45.92.

TMX Group (TSE:X) last issued its earnings results on Wednesday, October 30th. The company reported C$0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.40 by C$0.01. The business had revenue of C$353.80 million for the quarter, compared to analyst estimates of C$356.24 million. TMX Group had a net margin of 13.39% and a return on equity of 10.08%.

Insiders Place Their Bets

In other TMX Group news, Director Elias Anastasopoulos sold 20,850 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of C$42.50, for a total value of C$886,125.00. In other TMX Group news, Director Elias Anastasopoulos sold 20,850 shares of the business’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of C$42.50, for a total value of C$886,125.00. Also, Senior Officer Jayakumar Rajarathinam sold 38,125 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of C$41.44, for a total transaction of C$1,579,766.56. Corporate insiders own 1.15% of the company’s stock.

TMX Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 30th were given a dividend of $0.19 per share. The ex-dividend date was Friday, August 16th. This represents a $0.76 dividend on an annualized basis and a yield of 1.75%. TMX Group’s payout ratio is 50.34%.

TMX Group Company Profile

TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada, the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing.